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    Core Competency

    Category
    Strategy
    Description

    “A harmonized combination of multiple resources and skills that distinguish a firm in the marketplace.” (related: circle of competence — “you don’t have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.”)

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    Source

    Gabriel Weinberg's Mental Models I Find Repeatedly Useful